DY6 Metals (Australia) Price on February 14, 2024
DY6 Stock | 0.04 0 6.67% |
If you're considering investing in DY6 Stock, it is important to understand the factors that can impact its price. As of today, the current price of DY6 Metals stands at 0.04, as last reported on the 22nd of December, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. DY6 Metals retains Efficiency (Sharpe Ratio) of -0.0573, which denotes the company had a -0.0573% return per unit of price deviation over the last 3 months. DY6 Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DY6 Metals' Information Ratio of (0.1), market risk adjusted performance of (1.42), and Standard Deviation of 3.99 to check the risk estimate we provide.
DY6 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DY6 |
Sharpe Ratio = -0.0573
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Estimated Market Risk
3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DY6 Metals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DY6 Metals by adding DY6 Metals to a well-diversified portfolio.
Price Book 0.339 | Book Value 0.124 | Enterprise Value -129.8 K | Enterprise Value Ebitda 1.6405 | Price Sales 209.2123 |
DY6 Metals Valuation on February 14, 2024
It is possible to determine the worth of DY6 Metals on a given historical date. On February 14, 2024 DY6 was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DY6 Metals stock. Still, in general, we apply an absolute valuation method to find DY6 Metals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DY6 Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DY6 Metals' related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
02/14/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
0.07 | 0.07 | 0.07 | 0.07 | 10,000 |
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DY6 Metals Trading Date Momentum on February 14, 2024
On February 15 2024 DY6 Metals was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . The daily volume was recorded at 10 K. The volume of trading on 15th of February 2024 did not affect price variability. The overall trading delta to the closing price today is 14.29% . |
DY6 Metals Fundamentals Correlations and Trends
By evaluating DY6 Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DY6 Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DY6 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DY6 Metals Stock history
DY6 Metals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DY6 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DY6 Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DY6 Metals stock prices may prove useful in developing a viable investing in DY6 Metals
DY6 Metals Stock Technical Analysis
DY6 Metals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
DY6 Metals Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
DY6 Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DY6 Metals December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how DY6 Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DY6 Metals shares will generate the highest return on investment. By undertsting and applying DY6 Metals stock market strength indicators, traders can identify DY6 Metals entry and exit signals to maximize returns
DY6 Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DY6 Metals' price direction in advance. Along with the technical and fundamental analysis of DY6 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DY6 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (1.43) |
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Additional Tools for DY6 Stock Analysis
When running DY6 Metals' price analysis, check to measure DY6 Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DY6 Metals is operating at the current time. Most of DY6 Metals' value examination focuses on studying past and present price action to predict the probability of DY6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DY6 Metals' price. Additionally, you may evaluate how the addition of DY6 Metals to your portfolios can decrease your overall portfolio volatility.